SPURLOCK

Operated by EQV OPERATING LLC (P-5 101634) in the CARTHAGE, SE (CV) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264323District 06Field 160393002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jul 2011 – May 2026
Value, last 12 filed months
$193
at the published price for each month
Months reported
179
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1975-12-28
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-07-08.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-09-17207321
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,525 bbl$538,718
GasProduction1,728,339 Mcf$5,932,580
Total$6,471,298

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9802, -94.1079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98024, -94.10786 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,572 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,572 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-419316721H9,572 ftJul 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (179)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

179 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601089.753.15$31
Feb 20260063.503.75$0
Jan 20260959.138.00$72
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202502759.383.30$89
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202403784.451.66$61
Mar 202402,57680.301.55$3,980
Feb 202403,45676.091.78$6,164
Jan 202403,73973.023.30$12,330
Dec 202303,83371.262.61$10,007
Nov 202303,34077.892.81$9,377
Oct 202303,29785.443.09$10,179
Sep 202303,46289.042.74$9,469
Aug 202301,35280.522.67$3,614
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230770.622.23$16
Apr 20230078.122.24$0
Mar 2023057672.852.39$1,378
Feb 202303,86275.112.47$9,522
Jan 20231574,34376.533.39$26,728
Dec 202204,25776.415.73$24,389
Nov 202204,51685.005.65$25,498
Oct 202204,77087.185.86$27,970
Sep 202204,76384.888.16$38,884
Aug 202204,76594.529.13$43,491
Jul 202204,763101.587.54$35,923
Jun 202202,183115.097.98$17,414
May 20220816109.378.43$6,881
Apr 202203,889104.226.84$26,591
Mar 202205,344108.885.08$27,128
Feb 202205,72991.054.86$27,836
Jan 202206,18481.844.54$28,061
Dec 202106,33171.323.90$24,685
Nov 202105,59877.435.24$29,316
Oct 202105,14779.795.71$29,409
Sep 202105,01569.865.35$26,835
Aug 202105,01566.024.22$21,166
Jul 202104,59870.783.98$18,310
Jun 20211514,40069.493.38$25,368
May 202104,63263.483.02$13,978
Apr 202104,32560.362.76$11,930
Mar 202103,81961.302.72$10,376
Feb 202103,83957.805.55$21,299
Jan 202104,79650.412.81$13,478
Dec 202004,70944.642.68$12,599
Nov 202004,30838.772.71$11,660
Oct 202004,59536.972.48$11,388
Sep 202004,65737.091.99$9,272
Aug 202005,01139.982.39$11,952
Jul 202004,80938.371.83$8,777
Jun 202004,73734.901.69$8,007
May 202004,56216.921.81$8,279
Apr 202004,52114.751.80$8,158
Mar 202004,59030.341.86$8,520
Feb 202004,55949.881.98$9,030
Jan 202004,55657.252.09$9,544
Dec 201905,33359.012.30$12,289
Nov 201904,39355.302.75$12,084
Oct 201904,28553.472.42$10,363
Sep 201903,99855.052.66$10,624
Aug 20191563,98353.112.30$17,463
Jul 201905,40556.272.46$13,297
Jun 201904,25252.782.49$10,593
May 201904,49058.482.74$12,304
Apr 201904,57062.632.75$12,571
Mar 201904,95156.803.06$15,160
Feb 201904,14150.852.79$11,563
Jan 201904,76046.033.23$15,366
Dec 201804,86346.594.19$20,354
Nov 201804,17652.934.24$17,695
Oct 201814,61961.443.40$15,757
Sep 20181834,46859.543.11$24,782
Aug 201804,29559.403.07$13,171
Jul 2018037665.142.93$1,102
Jun 2018038560.183.08$1,185
May 201801,61665.382.90$4,688
Apr 2018025463.842.90$737
Mar 201804,88361.222.79$13,608
Feb 20181864,46961.782.77$23,853
Jan 201807,87062.874.01$31,553
Dec 201709,16957.272.92$26,787
Nov 2017010,53955.423.12$32,864
Oct 2017012,88149.292.98$38,433
Sep 2017012,83947.523.09$39,638
Aug 2017014,28445.373.00$42,915
Jul 2017012,82143.873.09$39,582
Jun 201719411,41842.493.09$43,494
May 201718012,26845.373.26$48,202
Apr 2017012,45847.933.21$40,010
Mar 2017013,04546.772.98$38,922
Feb 2017011,25250.452.95$33,223
Jan 201709,70549.413.42$33,179
Dec 201608,81048.763.72$32,798
Nov 201608,13942.492.64$21,522
Oct 201602,64546.193.09$8,174
Sep 201607,88641.553.10$24,452
Aug 2016510,85041.442.92$31,936
Jul 201607,48041.622.92$21,874
Jun 201608,23245.352.69$22,110
May 201609,58142.521.99$19,076
Apr 201605,27236.561.99$10,497
Mar 201606,34733.011.79$11,387
Feb 20161956,60626.472.06$18,794
Jan 201609,85627.352.36$23,303
Dec 201508,36932.362.00$16,750
Nov 201507,31638.792.17$15,856
Oct 201509,27243.552.43$22,499
Sep 201568,60042.992.76$23,980
Aug 201518310,05840.162.87$36,241
Jul 201508,67748.152.95$25,554
Jun 201505,63656.152.88$16,248
May 2015010,09155.212.96$29,823
Apr 201506,50449.822.71$17,604
Mar 201501,92442.892.93$5,646
Feb 201504,74144.662.98$14,110
Jan 201501,53043.433.10$4,744
Dec 20141812,84354.693.59$47,108
Nov 201443,23870.464.25$14,049
Oct 20141051378.303.90$8,272
Sep 20142211,16986.164.05$47,079
Aug 20144713,97089.394.04$60,572
Jul 20143413,59796.564.18$60,113
Jun 20146211,91898.164.74$62,540
May 20149415,71594.734.73$83,183
Apr 2014256,14295.944.81$31,936
Mar 20145914,97295.895.06$81,368
Feb 20145513,30197.406.19$87,717
Jan 20146915,42690.404.86$81,219
Dec 20138015,65091.824.35$75,493
Nov 20136618,10788.853.74$73,553
Oct 201311618,62997.423.78$81,706
Sep 20139818,388104.113.72$78,565
Aug 20135418,772104.253.52$71,756
Jul 20137114,353102.523.72$60,640
Jun 20134015,34794.403.93$64,142
May 20137419,96894.834.15$89,866
Apr 201325116,18493.964.28$92,893
Mar 201327320,47093.623.91$105,655
Feb 201316526,93791.233.42$107,175
Jan 20136821,97091.603.42$81,364
Dec 201213022,21286.773.42$87,249
Nov 20129320,59886.953.62$82,753
Oct 2012115,45889.383.40$19,539
Sep 20126927,54594.672.92$86,920
Aug 20121330,13092.662.91$88,827
Jul 20127832,71885.133.02$105,475
Jun 2012032,39079.822.52$81,592
May 201227133,47891.612.49$108,130
Apr 20125830,148101.652.00$66,095
Mar 201225226,707105.052.22$85,818
Feb 201224438,628101.102.57$123,952
Jan 201228446,18998.092.73$154,142
Dec 201122757,84096.873.24$209,376
Nov 201118856,83495.723.31$206,189
Oct 201149587,78984.983.65$362,367
Sep 201156584,24983.623.99$383,045
Aug 20110123,12983.404.15$510,902
Jul 201102,24894.144.52$10,155

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   10 Mcf  × $  3.15 =        $31

────────────────────────────────────────────────────
Month total                                      $31

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/264323 is the state's own key, not one this site invented.